What would happen if the US made the enhanced premium subsidies in the American Rescue Plan Act permanent and extended the marketplace subsidies that fill the #Medicaid “coverage gap” in 12 states?
A thread.
A thread.
According to a new analysis from @UrbanInstitute and @CommonwealthFnd, adopting these #healthinsurance reforms would reduce the number of people without insurance by nearly one-quarter in 2022 – falling by 7 million, from 30.3 million to 23.3 million
Adopting these reforms could improve the lives of 5.8 million uninsured adults living in the 12 nonexpansion states who have incomes too high for #Medicaid but not high enough to qualify for marketplace premium subsidies.
This new analysis also finds that the reforms would lower the number of uninsured Black Americans under 65 by 33.5%. 
The number of uninsured nonelderly whites would fall by 27%, and for nonelderly people of Latino/Hispanic ethnicity the number without coverage would fall by nearly 16%.
Marketplace premiums would fall by an estimated 18% given the influx of young and healthy people into the marketplaces. Household spending on premiums is estimated to fall by $8.8 billion in 2022 if both reforms were implemented.
Of course, household spending on out-of-pocket costs for health care services would increase, by estimated $7.0 billion in 2022, as more people get health care. Combined with premium savings, overall, households would save an estimated $1.8 billion.
The new report looks at the effects of these two reforms on insurance coverage by race/ethnicity, income, and state; federal spending and the deficit; and household spending.
Find it here: buff.ly/3jYUC0t
Find it here: buff.ly/3jYUC0t
• • •
Missing some Tweet in this thread? You can try to
force a refresh
